Marfrig buys National Beef, becoming world’s No. 2 beef company

Marfrig Global Foods, a Brazilian meat processor, has acquired National Beef for $969 million, becoming the second-largest beef processor in the world, after Brazil’s JBS. Marfrig says it will pay for the deal by selling off its Keystone Foods division, which it bought in 2010 for $1.26 billion. National Beef is the U.S.’s fourth-largest beef… » Read More

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